How to Manage Your Business by the Numbers
Understanding your financials is key to operating a healthy and profitable business. This understanding helps empower you to make better decisions about the future of your business.
In this 2-hour workshop, we’ll help you answer the follow questions:
- What you should be tracking and why?
- What’s the best way to track?
- Why do financial statements matter?
- Balance Sheet – What is it?
- Profit & Loss Statement – What is it?
- Cash Flow – What is it?
- Why doesn’t profit equal cash?
This workshop will give you the necessary tools and resources to help you understand what’s going on in your new or existing business and ways to use your financials to manage and grow your business. This session is being taught by Janet Roderick, who has years of experience working with small businesses on financials as a Maine SBDC Advisor and CPA.
In Madison, Maine: November 8 from 6-8 pm – REGISTER
In Jay, Maine: November 14 from 5:30-7:30 – REGISTER
Growing up as a daughter of a female entrepreneur, Laura Catevenis knew she was destined to start a business. From an early age, she watched her mother juggle a family, job, and college. After attending the same college as her parents and earning her Associates Degree, Laura discovered her passion for Human Service right away and knew the type of business she would start.Read More
As children, Anne Hassett and her sister Carrie Lacy ate homemade pizza that their father made from scratch every Saturday night. Originally from Connecticut, Ann had property in Milbridge and spent summers vacationing in Maine, a place both sisters loved. In 2017, Anne and Carrie approached the Maine SBDC with a dream of relocating to Milbridge permanently and starting their very own wood-fired pizza truck business. They need guidance on making this happen.Read More
Mickey Carmichael and his business Carmichael Transport Inc. have provided services to the U.S. Postal Service (USPS) for almost 40 years in the Bangor area. Recently, the USPS changed the way they award mail routes, with the consolidation of smaller routes into larger contracts. For the northern Maine Region, this meant there would only be two contracts out of the Hampden service center – for Region A and Region B. Mickey knew this could be an opportunity to expand his business and wanted to make sure he thoroughly understood the bidding process. For assistance, he turned to the Maine SBDC and met with Business Advisor Ann McAlhany.Read More
Portland, Maine –The Maine Small Business Development Centers (Maine SBDC), a state-wide program that helps entrepreneurs start and grow their businesses, has selected Peter Harriman as the 2018 State Star. The award, given annually, recognizes a member of the Maine SBDC staff that has shown exemplary performance and a strong commitment to small business success.Read More
SMALL BUSINESS RESOURCE NIGHT
with Maine’s own Bob Crowley, winner of the reality show Survivor and successful entrepreneur
jay & madison area entrepreneurs & small businesses – this event is for you!
Join us for a fun and informative evening of learning and networking with local business owners and small business resource organizations. Learn more about the resources that can help start, grow and manage your business! The event will feature free dinner and guest speaker Bob Crowley, who will entertain you with stories of his time on Survivor, his experiences as a small business owner and much more.Read More
Bangor Pet Resort and Spa is well known in the Bangor area for providing exceptional care to man’s (and woman’s) best friends. Their services include an interactive pet daycare, comfortable overnight boarding and luxurious spa and grooming services. Their clean and comfortable facility features spacious play areas for group play time as well as as private rooms with windows for dogs that want to be by themselves. Overnight guests receive their very own pet suites or condos, with all the comforts of home and more. Certified groomers are also available to brush, trim and pamper your pet. Read More
Rockwood Cottages consists of 7 two bedroom cottages situated on the western shore of Moosehead Lake in Rockwood, Maine. The cottages feature all the comforts of home and overlook the lake and popular Mt. Kineo, a majestic mountain that arises out of the water forming a sheer 700-foot cliff.
With a motto of “A stranger is just a friend we haven’t met yet,” the business had been built based on quality customer service and experience. When the business owners decided to retire in 2017, they looked to sell to someone who would take care of their customers and the business which they’d worked hard to build for many years. With experience in the cabin rental and property management business, they found the perfect match in Emily and Dennis Bodemer.Read More